perkinsran Posted October 5, 2003 Posted October 5, 2003 What is the appropriate safe harbor compensation to use for an LLC taxed as a partnership? The plan uses W2 earning definitions but we want to include pass through corporate earnings since the owners include that income in determining employment taxes.
Mike Preston Posted October 6, 2003 Posted October 6, 2003 Most plans have language in them that allows for owners and partners to have their "earned income" treated as "plan income". In other words, your plan probably already includes language that does what you want.
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